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Nabati Foods Global (XCNQ:MEAL) Net Margin % : 0.00% (As of Sep. 2023)


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What is Nabati Foods Global Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nabati Foods Global's Net Income for the three months ended in Sep. 2023 was C$-0.11 Mil. Nabati Foods Global's Revenue for the three months ended in Sep. 2023 was C$0.00 Mil. Therefore, Nabati Foods Global's net margin for the quarter that ended in Sep. 2023 was 0.00%.

The historical rank and industry rank for Nabati Foods Global's Net Margin % or its related term are showing as below:

XCNQ:MEAL' s Net Margin % Range Over the Past 10 Years
Min: -79200   Med: -1041.34   Max: -111.69
Current: -79200


XCNQ:MEAL's Net Margin % is ranked worse than
100% of 1858 companies
in the Consumer Packaged Goods industry
Industry Median: 3.2 vs XCNQ:MEAL: -79200.00

Nabati Foods Global Net Margin % Historical Data

The historical data trend for Nabati Foods Global's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nabati Foods Global Net Margin % Chart

Nabati Foods Global Annual Data
Trend Dec20 Dec21 Dec22
Net Margin %
-111.69 -2,668.70 -1,041.34

Nabati Foods Global Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11,133.33 -27,400.00 - - -

Competitive Comparison of Nabati Foods Global's Net Margin %

For the Packaged Foods subindustry, Nabati Foods Global's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nabati Foods Global's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nabati Foods Global's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nabati Foods Global's Net Margin % falls into.



Nabati Foods Global Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Nabati Foods Global's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-2.947/0.283
=-1,041.34 %

Nabati Foods Global's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-0.105/0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nabati Foods Global  (XCNQ:MEAL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Nabati Foods Global Net Margin % Related Terms

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Nabati Foods Global (XCNQ:MEAL) Business Description

Traded in Other Exchanges
Address
1570 - 505 Burrard Street, Vancouver, BC, CAN, V7X 1M5
Nabati Foods Global Inc is an plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives.

Nabati Foods Global (XCNQ:MEAL) Headlines

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